babzi
Was guarantor for my son for one year. Their staff automatically signed me up for year 2 without my consent. I removed myself as guarantor at that point. They refused to accept this. I asked them to send me written proof with my signature for year 2. I'm still waiting to hear from them and that was 7 years ago. There is nothing on my credit rating about it at all. If they put up the rent a new contract must be signed again. Advise to send a letter recorded delivery stating you are terminating the agreement as guarantor as circumstances have changed. Keep a copy. Surely your offspring are now old enough not to need one especially if they have always paid.
If you could prove you were signed up without your consent, then hopefully it wouldn’t have been enforceable. But as the norm, before agreeing to be a guarantor for someone renting a property, you should always check the conditions as if there is no specified ‘get out clause’ or agreed timescale, liability will remain until either the landlord agrees to terminate the agreement or the tenancy comes to an end. Things like rent rises, lease renewals or any other changes do not release a guarantor from liability unless they are specifically written into the contract and the guarantor has no legal right to terminate it themselves.